This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IASB plans for releasing final Standards

  • News default Image

24 Sep 2003

The IASB is committed to providing a 'stable platform' for the transition to IFRS in Europe in 2005. 'Stable platform' means issuing, by 31 March 2004, all of the new and revised Standards that will be required for companies adopting IFRS in 2005, with no further changes until after 2005. At its meeting on 22 September 2003 with representatives of the accounting standard setting bodies in 40 countries, the IASB announced the following plans for releasing various Standards currently under development:IASB's Publications Programme for the 2005 "Stable Platform" Fourth Quarter 2003: Improvements – 10 revised IAS by 31 October and 2 more revised IAS by 30 November Amendments to IAS 32 and IAS 39 – by 30 November (without the proposed portfolio hedging amendments) Extractive Industries Exposure Draft – by 31 October First Quarter 2004 (all likely in March 2004): Share-based payment Business Combinations Phase I – 3 Standards Insurance Contracts Phase I Portfolio Hedging Amendments to IAS 39 Asset Disposals and Discontinued Operations The Board also announced that each of its final Standards and Interpretations will be made available on its Website without charge (not including basis for conclusions and implementation guidance).

The final Standards will be placed on the Board's website in "preliminary form" as soon as the ballots have been received from the 14 IASB members. "Preliminary form" means that there may be some final changes made in the process of preparing the printed versions. If any such changes are made, a revised version will be placed on the IASB's website. The Standards, along with the bases for conclusions and implementation guidance, will be available for purchase in printed form.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.